Rex Lumber Investing $110M In Pike County, Alabama

Rex Lumber Co. will invest $110 million to build a state-of-the-art lumber manufacturing facility in Pike County, AL, creating more than 110 jobs.


https://businessfacilities.com/2018/03/rex-lumber-investing-110m-pike-county-alabama/
Rex Lumber Co. will invest $110 million to build a state-of-the-art lumber manufacturing facility in Pike County, AL, creating more than 110 jobs.
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Rex Lumber Investing $110M In Alabama

Rex Lumber Co. will invest $110 million to build a state-of-the-art lumber manufacturing facility in Pike County, AL, creating more than 110 jobs.

Rex Lumber Investing $110M In Pike County, Alabama

Rex Lumber Co. plans to build a state-of-the-art lumber manufacturing facility in Pike County, AL creating more than 110 jobs and providing a significant economic boost to the region’s forest products industry. The company, which has operations in Florida and Mississippi, projects the total capital cost of the new sawmill to be $110 million, including startup and working capital.

“Our fourth-generation family owned business is looking forward to a long and prosperous future in Pike County and the great state of Alabama,” said Caroline McRae Dauzat, one of the company’s owners.

Pike County Alabama
Photo: Alabama Department of Commerce

Rex Lumber currently operates three sawmills, two in the Florida Panhandle and one in Mississippi, producing a total of 575 million board feet annually. This will be Rex Lumber’s third sawmill expansion in the last 17 years. Annual production at the new facility will be a minimum of 240 million board feet.

“Rex Lumber’s new Alabama lumber manufacturing facility will not only bring high-quality jobs but will also create substantial economic benefits for the industry in the Pike County area,” said Governor Kay Ivey. “We’re thrilled that the company selected Alabama for this project, and we’re committed to helping this new operation succeed and thrive for years to come.”

Pike County was chosen over sites considered in several other Southern states for what was codenamed “Project Red Fox.” Site work at the new sawmill is scheduled to start on March 15.

“This new lumber manufacturing operation will create quality employment opportunities, a significant new timber market, and enhanced economic activity in the region,” said Greg Canfield, secretary of the Alabama Department of Commerce. “Rex Lumber is a proven operator with an excellent track record in the forest products industry, and will be a great addition to Alabama’s business community.”

“The Pike County Commission is very pleased to join with Governor Kay Ivey, Rep. Alan Booth, Sen. Jimmy Holley and the Pike County Economic Development Corp. in welcoming Rex Lumber to Pike County,” said Robin Sullivan, chairman of the county commission. “We are pleased to be able to work to get business and industry in Pike County that provides quality, competitive-paying jobs in our area that create a better quality of life in our community.”

Relocating or Expanding Your Business In Alabama

Considering Alabama for your company’s relocation or expansion project? Check out Business Facilities’ Alabama Incentives and Workforce Development Guide.

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